Bluetrum(SH:688332) Zheng Quan Zhi Xing·2025-05-23 11:05Core Viewpoint - The legal opinion letter from Guangdong Xinda Law Firm confirms the approval and authorization of Shenzhen Zhongke Lanyun Technology Co., Ltd.'s 2023 restricted stock incentive plan, including the conditions for the second vesting period, price adjustments, and the cancellation of unvested restricted stocks [6][14]. Group 1: Approval and Authorization - On February 6, 2023, the company held board and supervisory meetings to approve the draft of the 2023 restricted stock incentive plan and its management measures [6]. - The company conducted an internal announcement of the incentive plan from February 7 to February 16, 2023, with no objections received [7]. - The second extraordinary general meeting of shareholders on February 22, 2023, approved the incentive plan and authorized the board to handle related matters [8]. Group 2: Vesting Conditions and Adjustments - The second vesting period for the restricted stocks is set from February 22, 2025, to February 21, 2026, following the initial grant date of February 22, 2023 [9]. - The performance targets for the vesting periods are set at 1.4 billion yuan for 2023, 1.8 billion yuan for 2024, and 2.35 billion yuan for 2025 [10]. - The adjustment of the grant price is due to the distribution of cash dividends, changing the price from 28.61 yuan to 27.61 yuan per share [12]. Group 3: Cancellation of Unvested Stocks - Among the 119 incentive recipients, 11 have left the company, resulting in the cancellation of 23,900 shares of unvested restricted stocks [13]. - The cancellation of these stocks is not expected to materially impact the company's financial status or management stability [14]. - The legal opinion confirms that the procedures for the vesting, price adjustment, and cancellation of unvested stocks comply with relevant laws and regulations [14].